Today, National Fuel Gas Company (“National Fuel” or the “Company”)
(NYSE:NFG) announced that David F. Smith, Executive Chairman of the
Board, has indicated his intention to retire, effective April 1, 2014.
Smith will continue to serve as Chairman of the Board of Directors.
“National Fuel is today a better company for its employees, its
investors, and the customers we serve because of Dave’s leadership and
dedication,” said Ronald J. Tanski, President and Chief Executive
Officer. “During his five years as CEO, Dave established the current
course of the Company, focusing attention and significant resources on
development in the Marcellus Shale as Seneca Resources Corporation’s
total production nearly tripled and the Company’s pipeline business
commenced an historic, transformational realignment. Under his
direction, the Company continued to prioritize and invest in pipeline
safety, system reliability, and all levels of customer service.”
Smith joined National Fuel in 1978 and had been Chief Executive Officer
from February 2008 until March 2013. He was elected to the Company’s
Board of Directors in 2007 and named Chairman of the Board in 2010.
During his more than 35-year tenure with the Company he has served as
President of National Fuel Gas Supply Corporation, National Fuel Gas
Distribution Corporation, Empire Pipeline, Inc., and National Fuel
Resources, Inc.
National Fuel is an integrated energy company with $6.2 billion in
assets comprised of the following five operating segments: Exploration
and Production, Pipeline and Storage, Gathering, Utility, and Energy
Marketing. Additional information about National Fuel is available at: www.nationalfuelgas.com
or through its investor information service at 1-800-334-2188.
Copyright Business Wire 2013